Economy

Ghost Dog

(16,881 posts)

9. Spanish debt sale helps lift markets

Thu Dec 15, 2011, 10:02 PM

Dec 2011

A TURNAROUND in Spain’s debt-selling fortunes went some way to easing investor nerves yesterday, with all major European stock markets showing moderate growth, following Wednesday’s sharp falls.

Not only did Spain manage to sell ten-year bonds with a considerably lower yield than its previous auction in October, but it managed to raise €6 billion, rather than its initial estimates of between €2.5bn and €3.5bn.

This was enough to spark a recovery in European stocks; although there was a warning from ECB chief Mario Draghi, stating that there would be "no external saviour" for debt-ridden economies not prepared to help themselves.

In London, the FTSE was up by 0.63%, with the CAC-40 in Paris up similarly by 0.76%. Frankfurt’s DAX index and Spain’s IBEX showed higher gains of 0.98% and 0.84%, respectively; while Italy’s FTSE MIB gained 1.37%...

Read more: http://www.irishexaminer.com/business/spanish-debt-sale-helps-lift-markets-177378.html#ixzz1geuxxAgb

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STOCK MARKET WATCH, Friday, December 16, 2011 [View all] Hugin Dec 2011 OP

Okay, here's the downside of me doing this. Hugin Dec 2011 #1

excellent n/t Po_d Mainiac Dec 2011 #2

Yes, I can do that mid-morning here tomorrow. Ghost Dog Dec 2011 #5

Please, excuse my lack of perceptiveness... Hugin Dec 2011 #87

This is what my firewall/site analyzer shows me, that's all. Ghost Dog Dec 2011 #92

... Hugin Dec 2011 #103

You are giving me calendar anxiety. tclambert Dec 2011 #3

Sorry about that. Hugin Dec 2011 #4

I suggest adding a link back to each previous day's thread, Ghost Dog Dec 2011 #6

Great idea! DemReadingDU Dec 2011 #22

Got it! Hugin Dec 2011 #23

Yea! I am so glad to see this up Demeter Dec 2011 #7

When The Formerly Rich Need Help Buying Food Demeter Dec 2011 #8

Millionaires on Food Stamps and Jobless Pay? G.O.P. Is on It Demeter Dec 2011 #10

Spanish debt sale helps lift markets Ghost Dog Dec 2011 #9

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The Book of Jobs By Joseph E. Stiglitz Demeter Dec 2011 #31

I reckon this is one of the benefits of holding global economies by the ballz. nc4bo Dec 2011 #58

day after day after day of this crap dixiegrrrrl Dec 2011 #85

Big Bang Theory is my latest thing. dkf Dec 2011 #104

There would be a link missing above, no, Demeter? Ghost Dog Dec 2011 #62

Here's the link Demeter Dec 2011 #77

Be careful. Pace yourself. Ghost Dog Dec 2011 #79

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Ratings cut, bah.... InkAddict Dec 2011 #28

morning -- love the toon! xchrom Dec 2011 #35

Good morning. Ghost Dog Dec 2011 #37

kinda cool! nt xchrom Dec 2011 #41

There's No Hiding From Tar Sands Oil xchrom Dec 2011 #36

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study: past corporate tax holidays led to little job creation ... xchrom Dec 2011 #39

It's Time to Tax the Church Demeter Dec 2011 #40

Bail-out Bombshell: Fed "Emergency" Bank Rescue Totaled $29 Trillion Over Three Years xchrom Dec 2011 #43

Hey, I Was Going to Post That! Demeter Dec 2011 #44

i think we can just about count on the 'more' bail outs. xchrom Dec 2011 #46

Goldman runs into sukuk hurdle Demeter Dec 2011 #45

US Census Shows 1 In 2 People Are Poor Or Low-income Demeter Dec 2011 #47

Signs of Deflation Demeter Dec 2011 #48

Yes, I think this is the other D-word to watch, now. Ghost Dog Dec 2011 #68

Bill Black calls for the end of PAC �Presidential Amnesty for Contributors� doctrine Po_d Mainiac Dec 2011 #49

south asia: RBI saves Indian stock market's trillion-dollar tag, for now xchrom Dec 2011 #50

Food inflation eases to nearly four-year low of 4.35% xchrom Dec 2011 #51

India Profit Forecasts Cut Deepest Since �09 as Sensex Sinks Most in World xchrom Dec 2011 #76

Christine Lagarde: European financial crisis is too serious for eurozone countries to solve alone Demeter Dec 2011 #52

ECB Success and Folly Demeter Dec 2011 #59

"Assistance to Europe", of course, should read "assistance to certain European banks", Ghost Dog Dec 2011 #66

Congressional leaders reach spending deal to avoid government shutdown Demeter Dec 2011 #53

Today's Reports Roland99 Dec 2011 #54

U.S. consumer prices up 3.4% in past 12 months Roland99 Dec 2011 #55

That's a big negative earnings on a savings account Po_d Mainiac Dec 2011 #61

POD.... AnneD Dec 2011 #90

As far as I know it still stands Po_d Mainiac Dec 2011 #95

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Bill Black: Dante�s Divine Comedy � Banksters Edition Demeter Dec 2011 #60

There's so much Free-Marketeer spin in this article that it makes me dizzy bread_and_roses Dec 2011 #64

Everything's coming up roses! Roland99 Dec 2011 #69

Not for long... Ghost Dog Dec 2011 #82

I jinxed them! (either that or it was Fitch's release >>>>> Roland99 Dec 2011 #83

I just hope things last a little longer...... AnneD Dec 2011 #93

You Aren't the Only One Demeter Dec 2011 #97

If you're gonna put all that cash under the matress Po_d Mainiac Dec 2011 #101

Oh my DemReadingDU Dec 2011 #102

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I dunno... I find it faintly amusing. TalkingDog Dec 2011 #86

... xchrom Dec 2011 #88

.... Po_d Mainiac Dec 2011 #96

Bloomfart is confusing paper with hard Po_d Mainiac Dec 2011 #98

Pardon my ignorance... What does the "MF" stand for in MF Global? Hugin Dec 2011 #89

Mother Fuckers. What could you have been thinking? Po_d Mainiac Dec 2011 #91

They used to have their own Cable TV show. Fuddnik Dec 2011 #99

All we need now is a photo of Tinkerbell in a LBD and I'll declare SMW open!! Hugin Dec 2011 #100